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Divvy Homes, Once Valued at $2 Billion, Is in Talks to be Sold for Parts

The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.

Matthew Goldstein
Author: Matthew Goldstein

Written by

Matthew Goldstein

in

Divvy Homes Inc, Interest Rates, Mergers, Acquisitions and Divestitures, Real Estate and Housing (Residential), Renting and Leasing (Real Estate)
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